Hashisheen

Potash Corp. Stock Undervalued

I'm not sure the strike is having much of an impact. If you look at The Mosaic Company (MOS) their share price has pretty much followed the same pattern at POT in terms of percentages and they have none of these issues. The recent buyback announcements and Friday's upgrades should ensure that downtrend is now complete and we can look forward to the share price rising more in line with how the Company is currently performing financially.

RBC Analysts Expect Potash Corp. Stock to Double

Well, this last poster might be right, but where is the analysis to support it. The bail out of Freddie and Fannie should stabalize the housing ,market (I agree housing prices should be lower). However, this is a different argument. The price of housing has a relationship with a persons salary. As mortgages become harder to find (eg because you can no longer borrow five or six times your annual salary to buy a house) then the market will fall until houses are priced at a value where people can start buying again (maybe 3-4 times salary). The bail out will mean a weaker dollar and this in turn will be bullish for commodities which POT seems to be linked to (although I'm not sure why).

Finally, the fundamentals for POT are still sound, the number of shares available are reducing due to the Company Buy back and the market for fertilizer is as sound as ever, all good reasons to stay in POT. So, you might be right, but you've not convinced me to bail yet.

RBC Analysts Expect Potash Corp. Stock to Double

Emerson, we should go into business together, I too have an unhappy knack of buying shares just before they plunge, we should start an advisory service.

As regards the technicals, the support level seems to be $145 (I've gleaned this from the work of others) and the only bullish indicator (according to my analyser) is MACD. The next support level is $110 (again gleaned from the work of others) so if we go below $145 I think I might sell and look to pic it up again later.

The other thing that seems obvious is that if Emerson and Myself both sell, POT will rocket !!!

Hope you all have a good week-end

RBC Analysts Expect Potash Corp. Stock to Double

I finally took the plunge with POT a few weeks ago so am out of pocket at the moment. Stubbornly, I've refused to sell as I can't see how a Compant with such good fundamentals can continue going down (probably very naive on my part). Anyway, this is the secong article I've read today that convinces me that I should remain in POT and maybe even average down. Follow this link for other POT information that investors may or may not be interested in.

www.businessweek.com/i...

Disclosure : I am (nervously) still long in POT (Bought in at 204).